Loan
Lease
Maruti-suzuki Alto K10
On Road Price Price Details
₹ 4,45,799
Ex-Showroom Price
₹ 3,99,000
Compr. Insurance
Comprehensive Insurance
₹ 22,611
RTO - Individual
₹ 61,188
TCS
₹ 0
Depot Charges
₹ 0
Cash Discount
- ₹ 37,000
On Road Price
₹ 4,45,799
Down Payment
₹ 44,580
Loan Amount
₹ 4,01,219
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 8,270
Loan Amount
₹ 4,01,219
Estimated Monthly Payment
₹ 8,270/month
Interest Rate 8.7 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.30 %
Processing Fee: ₹ 4,458
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.40 %
Processing Fee: ₹ 3,500
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 8.70 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 4,01,219 | ₹ 32,278 | ₹ 3,34,252 |
| 2 | ₹ 3,34,252 | ₹ 26,213 | ₹ 2,61,222 |
| 3 | ₹ 2,61,222 | ₹ 19,600 | ₹ 1,81,578 |
| 4 | ₹ 1,81,578 | ₹ 12,388 | ₹ 94,721 |
| 5 | ₹ 94,721 | ₹ 4,523 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 4,01,219, EMI of ₹ 8,270, tenure of 5 years, interest rate of 8.7% p.a